No reduction of property tax discount: PUNE

The standing committee of the Pune Municipal Corporation (PMC) has decided to postpone the reduction in property tax discount. The civic administration has proposed 5% reduction in tax discount to the citizens. The committee said, the citizens who pay the property tax before May 31 get the discount of 10%. The civic administration has suggested reducing the discount by 5%. The standing committee has postponed the decision on it for two months. The property tax is the main source for the PMC. The department handles the billing and collection of property tax on residential, commercial, plots and other types of properties –held privately or by government within the PMC limits.